Personally, I’d say Bitcoin is a negative-sum game.
In order for one person to win, thousands of people have to lose. If that was all it was, Bitcoin would be merely a zero-sum game. However, Bitcoin mining also uses up valuable resources like electricity and processing power, so there’s still a loss.
Calling Bitcoin a Ponzi scheme isn’t wrong, though.
Personally, I’d say Bitcoin is a negative-sum game.
In order for one person to win, thousands of people have to lose. If that was all it was, Bitcoin would be merely a zero-sum game. However, Bitcoin mining also uses up valuable resources like electricity and processing power, so there’s still a loss.
Calling Bitcoin a Ponzi scheme isn’t wrong, though.
looks pretty ponzi to me, mods comments made things even worse ^_-